H.B. 245
2023/01/24 18:04, Lead Analyst: Timothy G. Dinehart Attorney: KPG
Fiscal Note
H.B. 245
2023 General Session
Uninsured Motorist Amendments
by Abbott, N.
General, Income Tax, and Uniform School Funds JR4-4-101
Ongoing One-time Total
Net GF/ITF/USF (rev.-exp.) $0 $(8,700) $(8,700)
State Government UCA 36-12-13(2)(c)
Revenues FY 2023 FY 2024 FY 2025
General Fund, One-time $0 $(8,700) $0
Insurance Department Acct (GFR) $0 $8,700 $0
Total Revenues $0 $0 $0
Enactment of this legislation could lower the year-end transfer from the Insurance Department
Restricted Account to the General Fund by $8,700 onetime in FY 2023 to account for expected costs
from the Department of Insurance.
Expenditures FY 2023 FY 2024 FY 2025
Insurance Department Acct (GFR) $0 $8,700 $0
Total Expenditures $0 $8,700 $0
Enactment of this legislation could increase the Department of Insurance''s costs by $8,700 one-time
from the Insurance Department Restricted Account in FY 2023 to process refiled auto insurer forms.
Expenditures from the Insurance Department Restricted Account impact year-end transfers to the
General Fund.
FY 2023 FY 2024 FY 2025
Net All Funds $0 $(8,700) $0
Local Government UCA 36-12-13(2)(c)
Enactment of this legislation likely will not result in direct, measurable costs for local governments.
Individuals & Businesses UCA 36-12-13(2)(c)
Enactment of this legislation likely will not result in direct expenditures from tax or fee changes for Utah
residents and businesses. H.B. 245
2023/01/24 18:04, Lead Analyst: Timothy G. Dinehart Attorney: KPG
Regulatory Impact UCA 36-12-13(2)(d)
Enactment of this legislation could result in a small increase in the regulatory burden for Utah residents
or businesses.
Performance Evaluation JR1-4-601
This bill does not create a new program or significantly expand an existing program.
Notes on Notes
Fiscal notes estimate the direct costs or revenues of enacting a bill. The Legislature uses them to balance the budget. They do not measure a bill's
benefits or non-fiscal impacts like opportunity costs, wait times, or inconvenience. A fiscal note is not an appropriation. The Legislature decides
appropriations separately.